According to this article:

Last year, the company wrongly predicted demand for chicken would be strong at supermarkets in November and December, King has said.

Also in 2022:

If our planet Earth is to continue feeding us in the future, rich countries must significantly reduce their meat consumption – ideally by at least 75 percent

Meat consumption must fall by at least 75 percent, April 25, 2022

So it was not only poor foresight, but also betting people would be putting the environment at even more risk by increasing meat consumption.

Can’t say I feel bad for Tyson. But sadly workers will suffer from plants closure caused by bad planning.